The dramatic rise in insolvencies over the past years especially after the COVID-19 pandemic comes as no surprise to those professionals who are in, or on the fringe of the insolvency industry. There are many contributing factors including the debt recovery drive by the ATO, banks reluctance to lend money,
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If you have exhausted all other debt collection options but have not yielded any results, then obtaining a garnishee order might be best solution for you. A garnishee order is a legal tool in Australia used by creditors to enforce a judgement debt and collect the money owed. Read on to learn
In the world of business, managing cash flow and ensuring timely payments are critical. However, there are legal challenges that can catch your business off guard: third-party payment preference. They happen all the time and if your company is the subject of one, it can cause a huge disruption in
Is the equipment securing a letter of credit unencumbered? Is the car you are buying owned by the seller? If you are someone in the business of buying, selling, financing, or leasing personal property in Australia, understanding the Personal Property Securities Register (PPSR) https://www.ppsr.gov.au/ can help you protect your assets